Settings8H · net · $10k
Funding arb · Price arb /

TAO

all TAO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: edgeX against MEXC+0.088%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$250.252% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.301%+$30 · spread now +0.088%, 7d avg +0.025%
Together, before fees+0.302%+ Points / potential airdropedgeX: Active · farm board+$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.064% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TAO_USDT305.910.0100pay 0.0050% / 4h1h 18m$113.7M$125.7M300x
ShortedgeX TAOUSDC306.180.0100get 0.0050% / 4h1h 18m$40K$279K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.088% → +0.025%
$6.36
Slippage, 4 orders
−$16.19
Fee MEXC: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$18.83
Costs to cover
0.252%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; edgeX: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago0.66 bp1.8 bp −$25.4 bp −$5422.8 bp −$2,277108.8 bp −$54.4K
Sell edgeX live order book, 64 min ago6.50 bp11.0 bp −$1124.4 bp −$244doesn't fitdoesn't fit

TAO on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) TAO/USDL +0.0004% / S −0.0007%1h305.94+0.010%$26K150xas long as short
dYdX TAO-USD+0.0016%1h306.13+0.072%$125K$85K5xas long as short
Popdex TAOUSDT+0.0096%1h306.15+0.078%$44K$539K20xas long as short
Binance TAOUSDT+0.0100%4h305.81−0.033%$85.6M$414.6M75xas long as short
Bybit TAOUSDT+0.0100%4h305.97+0.020%$59.2M$121.4M50xas long as short
OKX TAO-USDT-SWAP+0.0100%8h305.80−0.036%$24.6M$95.5M50xas long as short
Arcus TAO-USD+0.0100%1h306.34+0.141%$79K$643K5xas long as short
Bulk TAO-USD+0.0100%1h302.77−1.026%$162K$54K10xas long as short
Gate TAO_USDT+0.0100%4h305.80−0.036%$12.2M$49.1M50xas long as short
MEXC TAO_USDTlong+0.0100%4h305.91long leg$113.7M$125.7M300x
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TAOUSDTM+0.0100%4h305.88−0.010%$18.2M$27.3M75xas long as short
Bitget TAOUSDT+0.0100%4h305.55−0.118%$34.1M$46.0M50xas long as short
BingX TAO-USDT+0.0100%4h305.86−0.016%$30.4Mas long as short
edgeX TAOUSDCshort+0.0100%4h306.18+0.088%$40K$279K10x
GRVT TAO_USDT_Perp+0.0100%4h306.70+0.259%$507K$967K10xas long as short
Polymarket Perps TAO-USD+0.0100%1h306.22+0.101%$75K$566K5xas long as short
Bullet TAO-USD+0.0100%1h306.15+0.078%$11K$18K20xas long as short
Orderly PERP_TAO_USDC+0.0100%4h305.92+0.003%$59K$276K10xas long as short
SunX TAO-USDT+0.0100%4h305.88−0.010%$2K$1.8M20xas long as short
HTX TAO-USDT+0.0100%4h306.02+0.036%$122K$367K20xas long as short
Phemex TAOUSDT+0.0100%4h305.80−0.036%$3.2M$7.9M50xas long as short
ApeX Omni TAOUSDT+0.0102%1h306.21+0.098%$46K$270K50xas long as short
Aevo TAO-PERP+0.0104%1h306.11+0.064%$168K$9983xas long as short
Variational Omni TAO+0.0105%4h305.97+0.019%$3.7M$6.7Mas long as short
Katana Perps TAO-USD+0.0110%8h306.09+0.059%$1K$506K5xas long as short
Aster TAOUSDT+0.0126%4h305.94+0.010%$1.1M$7.7M50xas long as short
Deribit TAO_USDC-PERPETUAL+0.0148%1h305.98+0.024%$19K$1.4M25xas long as short
Paradex TAO-USD-PERP+0.0157%8h306.14+0.074%$14K$1K10xas long as short
Pacifica TAO+0.0164%1h306.23+0.106%$362K$370K10xas long as short
GMX TAO/USD [WBTC.b-USDC]L +0.0174% / S +0.0069%1h305.96+0.016%$437K100xas long as short
Nado TAO-PERP+0.0315%1h306.10+0.061%$826K$1.9M10xas long as short
BloFin TAO-USDT+0.0340%4h305.92+0.003%$4.2M$9.5M100xas long as short
Lighter TAO+0.0392%1h306.09+0.058%$1.6M$5.3M5xas long as short
01 Exchange TAOUSD+0.0416%1h306.31+0.131%$3K$4K5xas long as short
Backpack TAO_USDC_PERP+0.0458%1h305.94+0.010%$294K$800K10xas long as short
Phoenix TAO+0.0521%1h306.60+0.226%$321K$491K5xas long as short
Reya TAORUSDPERP+0.0695%1h306.04+0.043%$35220xas long as short
Extended TAO-USD+0.0784%1h305.72−0.063%$834K$2.0M25xas long as short
Coinbase International TAO-PERP-INTX+0.1008%1h307.01+0.360%$1.5M$5.6M50xas long as short
Kraken Futures PF_TAOUSD+0.1033%1h305.86−0.017%$5.8M$19.6M50xas long as short
Hyperliquid TAO+0.1076%1h306.28+0.121%$93.2M$80.6M5xas long as short
RISEx TAO/USDC+0.1155%1h306.23+0.103%$417K$544K5xas long as short
Injective TAO/USDC PERP+0.1621%1h308.73+0.922%$22K$26412xas long as short